Getting started
What is nps?
A government run retirement account you contribute to until you are 60.
Explained in more detail
NPS stands for National Pension System. Your money is invested in a mix of equity and debt that you choose. At retirement you can take part as cash and must use the rest to buy a regular income. It is long term by design and hard to exit early.
An example
For instanceEmployer contributions to NPS are the one large deduction that survives in the new tax regime.
Why this matters to you
You will meet this word in broker apps, company results and market news. Knowing what it means is not the goal on its own. The goal is being able to judge whether a number is good or bad for the investment you are actually holding.
On AlphaVik, any time nps appears in a view or a lesson, you can hover or tap the word and this explanation comes with it. You never have to leave the page to look something up.